We have seen a number of unsustainable projects that have stumbled their way into oblivion like:
Luna Three Arrows Capital Voyager Celsius
It is tragic for anyone caught up in these projects. Perhaps we can share some advice to save ourselves trouble in the future.
What are some other projects and companies you all see as unsustainable in today’s market and why?
The one that stands out in my mind is Tron network’s USDD, a dollar stablecoin offering up to 30% staking rewards. Even when times are good, a promised 30% return is too good to be true.
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